CardSpring links coupons directly to your credit card, raises $10M

CardSpring, a company that creates mobile applications specifically for credit and debit cards, announced today it has raised $10 million in its first round of funding.

CardSpring has produced an Application Programming Interface (API) that developers can use to make online applications for your credit or debit card. Each time you swipe your card, the card’s information is sent over the payment network to process the purchase. CardSpring has created a link between that payment … Continue Reading

Boku partners with Vodafone UK to let users pay with their mobile phones

Boku, which allows users to make purchases with their mobile phones the same way they would with a credit card, announced today it is partnering with Vodafone UK.

Boku operates much like a credit card for purchases. Boku users that are on any of Boku’s 220 partnered carriers simply type in their phone number and will receive a text message to confirm the purchase. The cost of the transaction then goes on the user’s monthly … Continue Reading

MobilePay lets you pay by card, without your card

MobilePay offers consumers a way to pay by credit or banking card without having your physical card on hand by linking it to an iPhone app that automatically authenticates with vendors to transfer payment. The service is going into closed beta today after operating in stealth mode for the past couple of months, it announced today at TechCrunch Disrupt in San Francisco.

Vendors can partner with MobilePay and allow users to pay directly through the … Continue Reading

MobileBeat: Sentegra's meWallet makes secure mobile payments a reality

Sentegra is one of 20 promising startups included in the MobileBeat 2010 Startup Competition, and is in the running for one of two coveted Tesla Awards.

Mobile transaction startup Sentegra has come up with an all-encompassing mobile wallet platform with its meWallet system. In addition to secure mobile payments, meWallet also includes authentication and certification functionality, as well as digital ticketing.

The system is buoyed by Sentegra’s “idGadget” devices, and a web-based back end platform. … Continue Reading

Google offers its own spin on mobile payments for Android users

While not exactly a competitor to the hot mobile payment startup Square, Google released last week a mobile payment option of its own for merchants and Android phone users. The company has developed the new Android Payment extension, which merchants can use to allow Android users to pay for items with Google Checkout, reports ReadWriteWeb.

Merchants first need to create a Google Checkout merchant account and then use the Gadget Wizard to embed the web … Continue Reading